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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$39.95 +0.75 (+1.91%)
As of 03:52 PM Eastern

CVE vs. CNQ, SU, IMO, OVV, and ARX

Should you buy Cenovus Energy stock or one of its competitors? MarketBeat compares Cenovus Energy with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Cenovus Energy include Canadian Natural Resources (CNQ), Suncor Energy (SU), Imperial Oil (IMO), Ovintiv (OVV), and ARC Resources (ARX). These companies are all part of the "petroleum and natural gas" industry.

How does Cenovus Energy compare to Canadian Natural Resources?

Cenovus Energy (TSE:CVE) and Canadian Natural Resources (TSE:CNQ) are both large-cap energy companies, but which is the better business? We will compare the two businesses based on the strength of their risk, media sentiment, valuation, institutional ownership, earnings, dividends, profitability and analyst recommendations.

In the previous week, Cenovus Energy had 1 more articles in the media than Canadian Natural Resources. MarketBeat recorded 9 mentions for Cenovus Energy and 8 mentions for Canadian Natural Resources. Cenovus Energy's average media sentiment score of 0.92 beat Canadian Natural Resources' score of 0.73 indicating that Cenovus Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cenovus Energy
1 Very Positive mention(s)
6 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Canadian Natural Resources
3 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cenovus Energy has a beta of 0.169045, meaning that its share price is 83% less volatile than the broader market. Comparatively, Canadian Natural Resources has a beta of 0.272201, meaning that its share price is 73% less volatile than the broader market.

Canadian Natural Resources has lower revenue, but higher earnings than Cenovus Energy. Canadian Natural Resources is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cenovus EnergyC$51.89B1.44C$3.69BC$2.5115.98
Canadian Natural ResourcesC$44.17B2.93C$7.52BC$5.1612.04

53.6% of Cenovus Energy shares are held by institutional investors. Comparatively, 63.0% of Canadian Natural Resources shares are held by institutional investors. 32.0% of Cenovus Energy shares are held by insiders. Comparatively, 4.3% of Canadian Natural Resources shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Cenovus Energy presently has a consensus target price of C$41.40, suggesting a potential upside of 3.22%. Canadian Natural Resources has a consensus target price of C$64.88, suggesting a potential upside of 4.40%. Given Canadian Natural Resources' higher probable upside, analysts clearly believe Canadian Natural Resources is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
3 Strong Buy rating(s)
3.13
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58

Canadian Natural Resources has a net margin of 24.51% compared to Cenovus Energy's net margin of 9.52%. Canadian Natural Resources' return on equity of 22.74% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.52% 15.23% 7.58%
Canadian Natural Resources 24.51%22.74%8.80%

Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 2.0%. Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 3.8%. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. Canadian Natural Resources pays out 46.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Summary

Canadian Natural Resources beats Cenovus Energy on 10 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to Suncor Energy?

Suncor Energy (TSE:SU) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their institutional ownership, risk, dividends, profitability, analyst recommendations, media sentiment, earnings and valuation.

Suncor Energy currently has a consensus price target of C$95.63, indicating a potential upside of 8.59%. Cenovus Energy has a consensus price target of C$41.40, indicating a potential upside of 3.22%. Given Suncor Energy's higher probable upside, analysts clearly believe Suncor Energy is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Suncor Energy
0 Sell rating(s)
3 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.85
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
3 Strong Buy rating(s)
3.13

Suncor Energy has a beta of 0.170648, meaning that its share price is 83% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.169045, meaning that its share price is 83% less volatile than the broader market.

In the previous week, Suncor Energy had 1 more articles in the media than Cenovus Energy. MarketBeat recorded 10 mentions for Suncor Energy and 9 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 0.92 beat Suncor Energy's score of 0.77 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Suncor Energy
2 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
1 Very Positive mention(s)
6 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Suncor Energy has a net margin of 12.17% compared to Cenovus Energy's net margin of 9.52%. Cenovus Energy's return on equity of 15.23% beat Suncor Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Suncor Energy12.17% 14.01% 7.01%
Cenovus Energy 9.52%15.23%7.58%

Suncor Energy has higher revenue and earnings than Cenovus Energy. Cenovus Energy is trading at a lower price-to-earnings ratio than Suncor Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Suncor EnergyC$54.47B1.91C$7.92BC$5.2616.74
Cenovus EnergyC$51.89B1.44C$3.69BC$2.5115.98

Suncor Energy pays an annual dividend of C$2.34 per share and has a dividend yield of 2.7%. Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 2.0%. Suncor Energy pays out 44.5% of its earnings in the form of a dividend. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

47.9% of Suncor Energy shares are owned by institutional investors. Comparatively, 53.6% of Cenovus Energy shares are owned by institutional investors. 0.0% of Suncor Energy shares are owned by company insiders. Comparatively, 32.0% of Cenovus Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Suncor Energy beats Cenovus Energy on 10 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to Imperial Oil?

Cenovus Energy (TSE:CVE) and Imperial Oil (TSE:IMO) are both large-cap energy companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, media sentiment, valuation, profitability, dividends, risk and analyst recommendations.

Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 2.0%. Imperial Oil pays an annual dividend of C$3.03 per share and has a dividend yield of 1.8%. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. Imperial Oil pays out 51.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cenovus Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

Cenovus Energy has a net margin of 9.52% compared to Imperial Oil's net margin of 6.13%. Cenovus Energy's return on equity of 15.23% beat Imperial Oil's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.52% 15.23% 7.58%
Imperial Oil 6.13%13.38%9.78%

53.6% of Cenovus Energy shares are owned by institutional investors. Comparatively, 19.2% of Imperial Oil shares are owned by institutional investors. 32.0% of Cenovus Energy shares are owned by insiders. Comparatively, 71.3% of Imperial Oil shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Cenovus Energy currently has a consensus price target of C$41.40, indicating a potential upside of 3.22%. Imperial Oil has a consensus price target of C$143.00, indicating a potential downside of 17.08%. Given Cenovus Energy's stronger consensus rating and higher possible upside, analysts plainly believe Cenovus Energy is more favorable than Imperial Oil.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
3 Strong Buy rating(s)
3.13
Imperial Oil
5 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.55

Cenovus Energy has a beta of 0.169045, indicating that its stock price is 83% less volatile than the broader market. Comparatively, Imperial Oil has a beta of 0.392919, indicating that its stock price is 61% less volatile than the broader market.

Imperial Oil has lower revenue, but higher earnings than Cenovus Energy. Cenovus Energy is trading at a lower price-to-earnings ratio than Imperial Oil, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cenovus EnergyC$51.89B1.44C$3.69BC$2.5115.98
Imperial OilC$45.40B1.84C$4.85BC$5.9029.23

In the previous week, Cenovus Energy had 2 more articles in the media than Imperial Oil. MarketBeat recorded 9 mentions for Cenovus Energy and 7 mentions for Imperial Oil. Cenovus Energy's average media sentiment score of 0.92 beat Imperial Oil's score of 0.22 indicating that Cenovus Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cenovus Energy
1 Very Positive mention(s)
6 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Imperial Oil
1 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Cenovus Energy beats Imperial Oil on 12 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to Ovintiv?

Cenovus Energy (TSE:CVE) and Ovintiv (TSE:OVV) are both large-cap energy companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, analyst recommendations, valuation, earnings, risk, institutional ownership, profitability and media sentiment.

Cenovus Energy has a beta of 0.169045, meaning that its share price is 83% less volatile than the broader market. Comparatively, Ovintiv has a beta of 0.389146, meaning that its share price is 61% less volatile than the broader market.

Cenovus Energy has higher revenue and earnings than Ovintiv. Cenovus Energy is trading at a lower price-to-earnings ratio than Ovintiv, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cenovus EnergyC$51.89B1.44C$3.69BC$2.5115.98
OvintivC$9.06B2.55C$1.39BC$3.0427.03

In the previous week, Ovintiv had 6 more articles in the media than Cenovus Energy. MarketBeat recorded 15 mentions for Ovintiv and 9 mentions for Cenovus Energy. Ovintiv's average media sentiment score of 0.99 beat Cenovus Energy's score of 0.92 indicating that Ovintiv is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cenovus Energy
1 Very Positive mention(s)
6 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ovintiv
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 2.0%. Ovintiv pays an annual dividend of C$1.20 per share and has a dividend yield of 1.5%. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. Ovintiv pays out 39.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cenovus Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

53.6% of Cenovus Energy shares are held by institutional investors. Comparatively, 69.0% of Ovintiv shares are held by institutional investors. 32.0% of Cenovus Energy shares are held by insiders. Comparatively, 0.5% of Ovintiv shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Cenovus Energy has a net margin of 9.52% compared to Ovintiv's net margin of 8.59%. Cenovus Energy's return on equity of 15.23% beat Ovintiv's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.52% 15.23% 7.58%
Ovintiv 8.59%7.13%8.59%

Cenovus Energy presently has a consensus price target of C$41.40, indicating a potential upside of 3.22%. Ovintiv has a consensus price target of C$75.00, indicating a potential downside of 8.71%. Given Cenovus Energy's higher possible upside, equities analysts plainly believe Cenovus Energy is more favorable than Ovintiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
3 Strong Buy rating(s)
3.13
Ovintiv
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
7 Strong Buy rating(s)
3.50

Summary

Ovintiv beats Cenovus Energy on 10 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to ARC Resources?

Cenovus Energy (TSE:CVE) and ARC Resources (TSE:ARX) are both large-cap energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, risk, media sentiment, analyst recommendations, profitability, earnings, dividends and valuation.

Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 2.0%. ARC Resources pays an annual dividend of C$0.80 per share and has a dividend yield of 2.5%. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. ARC Resources pays out 31.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. ARC Resources is clearly the better dividend stock, given its higher yield and lower payout ratio.

53.6% of Cenovus Energy shares are owned by institutional investors. Comparatively, 40.1% of ARC Resources shares are owned by institutional investors. 32.0% of Cenovus Energy shares are owned by insiders. Comparatively, 0.4% of ARC Resources shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

ARC Resources has a net margin of 22.18% compared to Cenovus Energy's net margin of 9.52%. ARC Resources' return on equity of 17.43% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.52% 15.23% 7.58%
ARC Resources 22.18%17.43%7.88%

In the previous week, Cenovus Energy had 5 more articles in the media than ARC Resources. MarketBeat recorded 9 mentions for Cenovus Energy and 4 mentions for ARC Resources. Cenovus Energy's average media sentiment score of 0.92 beat ARC Resources' score of 0.64 indicating that Cenovus Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cenovus Energy
1 Very Positive mention(s)
6 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
ARC Resources
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cenovus Energy has higher revenue and earnings than ARC Resources. ARC Resources is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cenovus EnergyC$51.89B1.44C$3.69BC$2.5115.98
ARC ResourcesC$6.93B2.61C$1.11BC$2.5312.65

Cenovus Energy presently has a consensus price target of C$41.40, indicating a potential upside of 3.22%. ARC Resources has a consensus price target of C$30.35, indicating a potential downside of 5.17%. Given Cenovus Energy's stronger consensus rating and higher possible upside, equities analysts plainly believe Cenovus Energy is more favorable than ARC Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
3 Strong Buy rating(s)
3.13
ARC Resources
1 Sell rating(s)
8 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.31

Cenovus Energy has a beta of 0.169045, indicating that its stock price is 83% less volatile than the broader market. Comparatively, ARC Resources has a beta of -0.357321, indicating that its stock price is 136% less volatile than the broader market.

Summary

Cenovus Energy beats ARC Resources on 12 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CVE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CVE vs. The Competition

MetricCenovus EnergyOil & Gas Integrated IndustryEnergy SectorTSE Exchange
Market CapC$74.80BC$64.26BC$10.11BC$12.25B
Dividend Yield2.24%5.33%11.32%6.18%
P/E Ratio15.9811.7619.3136.28
Price / Sales1.442,457.95397.729.26
Price / Cash13.715.7036.7482.29
Price / Book2.311.474.104.39
Net IncomeC$3.69BC$231.25BC$4.24BC$299.09M
7 Day Performance2.53%1.87%0.12%-0.72%
1 Month Performance12.48%2.04%-0.73%-1.31%
1 Year Performance107.72%25.87%29.13%30.25%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.14 of 5 stars
C$39.95
+1.9%
C$41.40
+3.6%
+103.0%C$74.50BC$51.89B15.926,000
CNQ
Canadian Natural Resources
3.4887 of 5 stars
C$60.95
+3.1%
C$64.06
+5.1%
+45.2%C$123.27BC$44.17B11.8110,272
SU
Suncor Energy
3.5486 of 5 stars
C$86.77
+3.5%
C$94.25
+8.6%
+64.2%C$102.45BC$54.47B16.5016,600
IMO
Imperial Oil
2.0152 of 5 stars
C$174.95
+2.4%
C$139.64
-20.2%
+52.2%C$82.58BC$45.40B29.655,300
OVV
Ovintiv
2.6404 of 5 stars
C$79.96
+1.8%
C$75.00
-6.2%
+47.3%C$22.47BC$9.06B26.301,740

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This page (TSE:CVE) was last updated on 7/20/2026 by MarketBeat.com Staff.
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